Bethencourt, Carlos; Ríos-Rull, José-Víctor - In: International Economic Review 50 (2009) 3, pp. 773-801
Between 1970 and 1990, the share of elderly widows living alone grew by 23.2% in the United States, whereas those living with their children decreased by a similar amount. We pose a variety of models for determining the living arrangements in which living together increases consumption because...